40, Aitken Way
40, Aitken Way
Description & Estimates
40, Aitken Way, Loughborough is recorded publicly as a modern leasehold apartment across 753 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Aitken Way, Loughborough is £195,525 and its rental estimate is £893 per month, given the available information and assuming reasonable condition.
Aitken Way, Loughborough, LE11 falls within the LE11 postal district, in the borough of Charnwood.
Our Data Sources
40, Aitken Way, Loughborough has 2 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated July 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40, Aitken Way, Loughborough, we estimate a market value of £205,301 and a rental value of £938 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £181,838 and £831 per month respectively.
Recent Market Change
Over the last year, 40, Aitken Way, Loughborough has seen its estimated sale value drop by £748 (0.4%) and its estimated rental value rise by £10 per month (1.2%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
40, Aitken Way, Loughborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jul 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40, Aitken Way, Loughborough completed on 11th June 2021 at £170,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 34.0% over the period since June 2021.
- Sold Jun 2021£170,000
- Sold Jul 2014£139,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Aitken Way, Loughborough have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th October 2024, was 29, Aitken Way, Loughborough, LE11 2UJ, a leasehold flat which sold for £199,000.
Read more about house prices in LE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 73 addresses on Aitken Way, Loughborough, LE11, 40, Aitken Way, Loughborough comes out as the 50th largest and the 66th most expensive in our analysis of the public data.
It is also £50k less expensive than the average property across the LE11 district.
More reading links
Schools Nearby
- 400mOutwoods Edge Primary School
- 1.5kmLift Beacon
- 1.6kmSacred Heart Catholic Voluntary Academy
- 600mWoodbrook Vale School
- 2.6kmRawlins
- 3.2kmLimehurst Academy
More reading links
Public Transport Nearby
From 40, Aitken Way, Loughborough, the nearest station is Loughborough, 3.7 kilometres away.
- 3.7kmLoughborough
- 4.0kmBarrow-upon-Soar
- 6.9kmSileby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
